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Survey: Auto execs plan to increase investments in plants and distribution


More and more auto executives around the world say they are planning to increase investments in plants and distribution networks as fears of overcapacity decline. According to a survey released today by financial advisory company KPMG, auto execs are becoming more optimistic about the market despite economic worries in Europe and the slowing down of growth in China. 64 percent of automotive ...
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Auto companies to hire more to keep up with increasing demand – report
Despite growing losses in Europe and slowing growth in the United States, most of the auto companies will hire more people to build more vehicles over the next year to ...
DRB-HICOM: ‘We won’t sell Lotus’
DRB-Hicom Bhd's stake in Proton Holdings Bhd reached 98.66% or 541.85 million shares based on the valid acceptances of 48.59% or 266.88 million shares as at 5pm on Thursday. The company ...

latest automotive news
Test Drive: BMW X1 xDrive18d Sport Line – The Sleepwalker
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Renault and Nissan Introduce Modular-Production Strategy
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GM Expects to Sell More Crew-Cab Version of the 2014 GMC Sierra
GM said it expects to sell more crew-cabs versions of the new 2014 GMC Sierra, as they are more expensive, ...
GM Says Its New Sierra and Silverado Pickups Exceed the F-Series in Fuel Economy
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Porsche Lawsuit Might Have Been Assigned to Cartel Court in Germany
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India slams F1 race demise rumours
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GM Breaks Ground of New Cadillac Plant in China
Today, June 19th, GM broke ground to a new Cadillac plant in China, targeting luxury buyers in the region. Although luxury ...
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PSA Peugeot Citroen Might Build Vehicles in Belarus
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Ford Plans to Double Engine Production in the Chinese Market
Ford plans to double engine production in the Chinese market, according to CEO Alan Mulally. Ford will manufacture 750,000 engines annually ...
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Recall roundup: Tesla Model S
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The British based automaker Aston Martin has recently released the first video presentation with the brand new Vanquish Volante. After it ...
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